Copeland Capital Management LLC Sells 61,761 Shares of TransUnion (NYSE:TRU)

Copeland Capital Management LLC lowered its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 15.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 331,355 shares of the business services provider's stock after selling 61,761 shares during the period. Copeland Capital Management LLC owned approximately 0.17% of TransUnion worth $34,693,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its stake in TransUnion by 237.5% during the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider's stock worth $39,000 after acquiring an additional 342 shares in the last quarter. Quarry LP increased its position in TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider's stock valued at $43,000 after buying an additional 520 shares in the last quarter. GAMMA Investing LLC raised its stake in TransUnion by 32.9% during the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider's stock worth $46,000 after buying an additional 142 shares during the period. National Bank of Canada FI boosted its holdings in TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock worth $66,000 after acquiring an additional 166 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in TransUnion by 156.6% in the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock valued at $68,000 after acquiring an additional 523 shares during the period.

Analyst Upgrades and Downgrades

TRU has been the topic of a number of recent research reports. Morgan Stanley raised their price objective on shares of TransUnion from $96.00 to $103.00 and gave the company an "overweight" rating in a research note on Thursday, September 12th. UBS Group started coverage on TransUnion in a research note on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price target for the company. Oppenheimer increased their price objective on TransUnion from $97.00 to $118.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 8th. The Goldman Sachs Group upped their price target on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a report on Wednesday, October 2nd. Finally, Needham & Company LLC cut TransUnion from a "buy" rating to a "hold" rating in a research note on Wednesday, August 28th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $98.71.

TransUnion Price Performance

Shares of TransUnion stock traded down $1.70 during trading on Tuesday, hitting $105.78. The stock had a trading volume of 2,089,852 shares, compared to its average volume of 1,577,952. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a 12 month low of $42.09 and a 12 month high of $108.56. The firm has a market cap of $20.55 billion, a price-to-earnings ratio of -84.63, a P/E/G ratio of 1.40 and a beta of 1.62. The business's 50-day moving average is $100.41 and its 200 day moving average is $85.01.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.13. The firm had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company's revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.76 EPS. As a group, sell-side analysts anticipate that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion's dividend payout ratio (DPR) is presently -33.07%.

Insider Transactions at TransUnion

In other news, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other TransUnion news, EVP Heather J. Russell sold 3,173 shares of the business's stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the transaction, the executive vice president now owns 19,926 shares in the company, valued at approximately $1,904,527.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares of the company's stock, valued at approximately $686,837.88. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,715 shares of company stock worth $1,299,729. 0.22% of the stock is currently owned by insiders.

TransUnion Company Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk.